Recent research surrounding women in leadership roles, co-authored by business management expert Catherine Tinsley of Georgetown University’s McDonough School of Business, discovered that there is a significant backlash against assertive, self-advocating female negotiators in business. The study found that this backlash is consistent with negative masculine … [Read more...]
2 out of 3 Americans Believe the Glass Ceiling Exists
A study conducted by financial services company Edward Jones revealed that two out of three Americans believe that the glass ceiling exists and women in the workforce face a real barrier to career advancement. The financial services industry was named by the most survey respondents as the industry with the hardest glass ceiling for women to overcome, followed by technology, … [Read more...]
S&P 500 Board of Directors Demographics and Wish List
What is the demographic profile of a member of the Board of Directors for a company in the S&P 500? The Harvard Law School Forum on Corporate Governance and Financial Regulation published a comprehensive Corporate Director Recruitment and Selection Matrix that is a must-read if you want to learn more about how corporate boards work and how members are chosen. Following … [Read more...]
Mothers Are Now Primary Breadwinners in 4 out of 10 U.S. Households
Pew Research has released data from a recent study which found mothers are now the top earners in 4 out of 10 (40%) households in the United States. That's up from 1 in 10 households (11%) in 1960. It's also a growth trend that will not reverse, which calls attention to the need for employers to provide flexible scheduling, for the gender pay gap to close, and for adequate … [Read more...]
Most Powerful Women in the World 2013 Announced
Who are the most powerful women in the world? According to the Forbes 2013 World's Most Powerful Women List, they come from diverse industries, including business, technology, media, politics, philanthropy, real estate, investments, fashion and retail, food and beverage, and entertainment (i.e., celebrities). Of the 100 power women on the list, a large percentage work in … [Read more...]
2013 Women on Boards Survey Finds the Gender Gap Closed 1.7% Since 2009
The number of women on the corporate boards at 5,977 companies in 47 countries across the globe has increased by just 0.5% since 2012 and only 1.7% since 2009. Those statistics come from GMI Ratings' 2013 Women on Boards Survey as reported by Kimberly Gladman, Director of Research and Risk Analytics at GovernanceMetrics International. Gladman shared the key study results on … [Read more...]
Just 4 out of 10 Male Senior Executives Believe More Women are Needed in Senior Positions
New research from the Conference Board of Canada found that just 42% of male senior executives agree that more women are needed in senior-level positions versus 90% of female senior executives. Interestingly, the percentage of males who believe more women are needed in the senior ranks increases in inverse proportion to the hierarchical level of the males' roles. The exact … [Read more...]
Study Finds Women are More Ethical at Work than Men
A research team at the University of Pennsylvania's Wharton School released a new study that shows, "women are less willing to sacrifice ethical values for money and social status and that women associate business with immorality more strongly," CNN reports. The research involved three separate studies with a main element focusing on a series of fictitious job descriptions … [Read more...]
Women on Boards – Leading Companies of Silicon Valley
Which companies in Silicon Valley have the most women on boards? That's the question Bryce Druzen answered yesterday on the Silicon Valley Business Journal website. Not surprisingly, Druzen found that only 16.9% of Silicon Valley companies have women corporate board members. You can see how the companies in the tech capitol of the United States rank below and get all of … [Read more...]
16 Attributes to Build Trust in Business
The 2013 Edelman Trust Barometer report has been released, and the results are miserable. In business, global consumers do not trust leadership, and companies need to make big changes very quickly to build consumer trust. Globally, 50% of consumers trust businesses, but just 18% trust business leadership. In the United States, the statistics are similar, but the story is a … [Read more...]